Terms and Conditions for Savings Account

These terms and conditions apply to and regulate the operation of the Savings Account (the “Account”) offered by ICICI Bank. These terms and conditions shall be in addition to any other terms as stipulated by ICICI Bank from time to time.

1. Definitions

In these terms and conditions, the following words and phrases have the meaning stated hereunder unless indicated otherwise: 1.1 “Account Opening Form” (AOF) refers to the relationship form for Savings Account.

1.2 "Customer" refers to any person holding an Account with ICICI Bank.

1.3 “Quarter” shall mean a financial quarter i.e. April – June, July – September, October – December, January – March in any financial year.

1.4 "Services" shall mean the services provided by ICICI Bank in connection with the Saving Account and more particularly described in these Terms.

1.5 "Website" refers to the website owned, established and maintained by ICICI Bank at the URL www.bankofrajas than.com .

Interpretation: a) All references to singular include plural and vice versa and the word "includes" should be construed as "without limitation". b) Words importing any gender include the other gender. c) Reference to any statute, ordinance or other law includes all regulations and other instruments and all consolidations, amendments, re-enactments or replacements for the time being in force. d) All headings, bold typing and italics (if any) have been inserted for convenience of reference only and do not define limit or affect the meaning or interpretation of these Terms. e) Words “ICICI Bank”, “the Bank”, refer to ICICI Bank Limited having its registered office at Landmark, Race Course Circle, Vadodara 390007.

2. Applicability of Terms:

These terms and conditions form the contract between the Customer and ICICI Bank. The Customer shall apply to ICICI Bank in the prescribed form for operation of the Account and availing of the related Services. By applying for opening the Account, the Customer acknowledges that he / she has /have read understood and accepted these terms and conditions. 3. Account Opening:

The account opening formalities are governed by the policies of ICICI Bank and may be revised from time to time. It may require customer/s to submit duly filled application form/s along with the prescribed set of documents stipulated including Permanent Account No. (PAN) or Form 60/61 from time to time, to the satisfaction of the Bank. The Account cannot be opened for business purposes.

In case the Account is opened with an account opening cheque, ICICI Bank reserves the right not to open/activate the Account in the event the account opening cheque is dishonored.

Account may be opened in cash with the minimum amount prescribed by the Erstwhile Bank of Rajasthan from time to time.

Any transactions undertaken from this account, shall be in compliance of all the FEMA rules, regulations or notifications thereunder.

The Erstwhile Bank of Rajasthan branch may allow opening of more than one account in identical entity / title in its sole and absolute discretion and as permitted by statutory / regulatory requirements from time to time. Any applicant unable to write should attend in person at the Erstwhile Bank of Rajasthan branch and in the presence of witness affix his/ her thumb impression on the Application Form and the prescribed declaration. The said thumb impression should be attested by some respectable person known to Erstwhile Bank of Rajasthan Branch.

At the request of the depositor, the Erstwhile Bank of Rajasthan Branch may place in term deposits the balance beyond Rs.5,000/- in S.B.A/c provided the sum is not less than Rs.5,000/-.

Specimen Signatures - Every depositor will be required to give specimen of his/ her signature and depositor must note that all receipts for money to be withdrawn as well as letters relating to their deposit account must be signed strictly in accordance with the specimen of signature already on Erstwhile Bank of Rajasthan / ICICI Bank record.

4. Operating Accounts: 4.1 An Account may be opened in the names of: • An individual in his/her own name. • Two or more persons in their joint names.

4.2 All the Accounts maintained in the name of an individual shall be operated singly by the individual or the Power of Attorney holder of such individual and in the case of joint accounts, by the account holders jointly, or by either of the joint-holder/s or as may be specified by the joint account holder/s in the opening form, or by their Power of Attorney holders and accepted by ICICI Bank in its discretion.

4.3 In case of joint Accounts, any change in operational instructions or any other information with regard to the Account Opening Form is to be given by all the joint account holders irrespective of the mode of operation. 4.4 ICICI Bank may send through courier or post from time to time to the mailing address furnished by the Customer, statements of account, balance confirmation certificate, cheque books, Debit cards, various PIN mailers and such other items relevant or pertaining to the Account. It is incumbent upon the Customer to intimate change in mailing address, if any, immediately. ICICI Bank shall not be responsible for any loss, damage or consequences for wrong delivery of the above items arising out of non-intimation of change in mailing address .

4.5 The Customer is / are expected to examine the entries in the Account statement on receipt, and draw the attention of ICICI Bank to any errors or omissions that might be discovered. ICICI Bank does not accept any responsibility for any loss arising out of failure on the part of the Customer to carry out examination of entries in the passbook/statement and to point out such error and/or omission within seven (7) days from the date of the statement/ updation of passbook.

4.6 The Customer shall open the Account with a minimum balance as prescribed by ICICI Bank from time to time. The Customer shall be responsible for maintaining a minimum average balance which shall be in the form of a monthly average balance (“MAB”) during a calendar month. Failure to maintain the prescribed MAB may attract service charges and such charges may be deducted by ICICI Bank from the Customer’s Account.

4.7 The Customers are expected to provide PAN No. or Form 60/61 or any other document as may be prescribed by tax authorities from time to time for opening the Account, acceptance of cash deposits etc. in accordance with the provisions of Rule 114B to 114D of the Income Tax Rules, 1962 and compliance thereof. 4.8 Customers are requested to hand over cash or cheques only to cashier/ clerks at the windows on the counter specially marked “cash” “cheques”. No other employee is authorized to receive such deposit and receipt given by him, if any, will not be binding on ICICI Bank. 5. Cheque Book :

5.1 Cheque books will have to be collected by the Customer after account opening from respective eBOR branches provided all formalities are completed. Subsequent cheque books can be requisitioned through the requisition leaf available in the cheque book or through ATMs subject to satisfactory conduct of the Account. ICICI Bank reserves the right to recover the cost of the cheque book requisitioned.

5.2 Alterations, if any, on cheques are required to be authenticated by the drawer’s signature against each such alteration. ICICI Bank reserves the right to refuse payment of cheques that have been altered in any way unless the alteration is authenticated by the drawer under full signature as per specimen on record with ICICI Bank. Cheques should be drawn in such a way as to prevent alteration after issue and the drawer’s signature should be uniform with that on record.

5.3 Erstwhile Bank of Rajasthan Branch will record and accept instructions from the drawer for stopping payment requests against cheque/s that are lost, stolen, or not required to be paid against, only if such instructions are received from the drawer by the Bank, prior to presentment of such cheques at the Bank or in the case of e-cheques, only if the stop payment requests are logged prior to payment of moneys against the same, and ICICI Bank shall not be responsible in any manner whatsoever for any losses caused, or payments made, if the cheques are presented for payment to ICICI Bank prior to receipt of instructions, if any, from the drawer of the cheque/s or in the case of e-cheques, if the stop payment requests are logged after payment against such cheques has been initiated by Erstwhile Bank of Rajasthan Branch. ICICI Bank may charge Service charge for such countermanding instructions.

5.4 ICICI Bank may dishonour and/or return cheques unpaid which are altered, if considered by the Bank to be ambiguous or suspicious in any way, or if received for payment more than six months after the date the cheque is drawn.

5.5 Customer should issue cheques in the account only after making prior arrangement of funds in the account to avoid returns/dishonour. If a cheque issued by a Customer is required to be returned for insufficient balance in the Account or for being in excess of arrangements, a penalty/charge may be levied by ICICI Bank. If any cheque deposited by the Customer is returned unpaid, service charge may be recovered from the Customer. In case of large number of returns/dishonours in the account, the Bank reserves the right to take corrective action for the specific accounts as deemed fit.

6. Demand Drafts / Pay Orders:

The Customer may place a request for issue of demand drafts / pay orders (the “Instrument”) by visiting only an erstwhile Bank of Rajasthan branch if the Instruments are to be created by debiting his Account.

7. Safe Keep of Debit Card, Passwords and Cheque Book:

The Customer shall be solely responsible for the safe-keeping and the confidentiality of the statements of account, balance confirmation certificate, cheque books, Debit card and its PIN, user id and passwords relating to internet banking and such other items relevant or pertaining to the Account.

8. Conduct of Account: 8.1 A Customer may request for transfer of his/her Account from one Erstwhile Bank of Rajasthan Branch to another Erstwhile Bank of Rajasthan branch by giving a written request along with, surrender of the ATM/Debit card, unused cheque books. Erstwhile Bank of Rajasthan Branch will close the Account and arrange to open a new Account at the other branch and will issue new cheque book, new ATM/debit card, etc.

8.2 Transactions are entertained normally during banking hours at the branch where the Account is maintained or at any other Erstwhile Bank of Rajasthan Branch under Any Where Banking (AWB). ICICI Bank shall not be liable for any delay on any account of failure of connectivity. AWB will not be available on the day(s) when the branch where the account holder has his/her Relationship, is closed.

8.3 Standing instructions are accepted free of charge for transferring funds from Savings account to Fixed deposit or Recurring deposit accounts. Other standing instructions are subject to service charges. 8.4 ICICI Bank in its sole discretion may restrict the number of withdrawals in the Account.

8.5 The total number of withdrawals from a Saving Bank A/c during any half year, will not exceed 50. Additional withdrawals may be allowed in deserving cases to any depositor by the Branch Manager at his discretion on merits on payment of prescribed amount. Depositors wishing to make additional withdrawals beyond 50 withdrawals may approach the Branch Manager and obtain his consent. (For current charges refer Schedule of Charges.)

8.6 A depositor can not withdraw a sum of less than Re.1/- unless it will close his/ her A/c.

8.7 Moffusil depositor can send money for deposit or application for withdrawal by post but the pass book must be sent with each sum deposited and withdrawn. In case of withdrawal, there must be instructions as to how the money is to be remitted to them.

8.8 The depositor may withdraw money from his/ her account through cheque / Withdrawal Slip supplied by the Erstwhile Bank of Rajasthan branch, to him / her.

8.9 Pass Book need not necessarily be produced at the time of withdrawal through cheque but it should be sent to the Erstwhile Bank of Rajasthan branch after the withdrawal for updating.

8.10 The Erstwhile Bank of Rajasthan branch will not make payment on a Withdrawal Slip to a third party even if the same is accompanied with the Pass Book.

9. Dormant Account:

9.1 In case there are no operations in the Account for a period of 24 months, the account will be transferred to “inoperative account”. In case the balance remains less than the prescribed amount in the inoperative account penalty at the prescribed rate would be charged. (For current charges refer Schedule of Charges.) Customer induced transactions shall mean any credit or debit transactions done by a Customer in his Account through the following modes: • Transactions through cheque. • Cash or cheque deposit. Withdrawal or deposit through ATM. • Transaction through internet • Transaction by standing instruction, ECS and EFT.

9.2 ICICI Bank may in its sole discretion deny Services and/ or transaction in the Account of a Customer, which has been classified as inactive or dormant.

10. Collection Facility: 10.1 Cheques, drafts, bills, dividend / interest warrants and other instruments issued in favor of the Customer are accepted for collection on Customer’s behalf. The collection of outstation instruments entails collection charges. ICICI Bank does not accept any responsibility for loss, delay, mutilation or interception of the instruments in postal or courier transit. ICICI Bank does not accept or share any responsibility for delay in realisation of such instruments or for the genuineness, validity or correctness of the signatures or endorsements thereon. The withdrawals against such instruments are permissible only on realisation of proceeds by ICICI Bank. Any provisional credit allowed at the discretion of ICICI Bank for an instrument under collection is recoverable with interest if the instrument is returned unpaid. ICICI Bank has right to disallow any drawings against such provisional credit (shadow balance).

10.2 ICICI Bank has the authority to debit the accounts to recover any amount credited erroneously.

10.3 Local cheques, etc., may be tendered for collection sufficiently early in the day as required vis-a-vis the local clearing house timings. withdrawals against clearing cheques will be normally permitted only against cleared balances as per clearing house rules.

10.4 In cases where a cheque is returned, the amount in respect of which had already been credited to the Customer’s Account and/or in respect of which withdrawal was permitted, ICICI Bank will reverse the credit of such amount and debit the amount equal to the amount of the returned cheque. In such cases, if the Account does not have sufficient funds, the outstanding amount shall be deemed to be a temporary overdraft granted to the Customer and the Customer is bound to repay the amount immediately on demand by the Bank. In debiting the amount as aforesaid, ICICI Bank would debit the amount credited or the Rupee amount equivalent to the relevant foreign currency denominated cheque whichever is higher. The service charges, penalties and other charges as applicable will also be levied by ICICI Bank in such instances. 10.5 All cheques, drafts and other valuable instruments sent by a customer by post must be sent only by means of registered post, failing which the Erstwhile Bank of Rajasthan branch shall be absolved of all liability arising from any fraud in respect of such instruments if lost or stolen in transit.

11. Overdrawing:

If for whatever reasons the Account has a debit balance, Customer shall pay interest and other charges in accordance with ICICI Bank's prevalent rates and practice. Any temporary overdraft in the Account should be construed as a one time facility only and not a continuous arrangement, unless otherwise agreed to, by ICICI Bank in writing.

12. Charges / Fees:

Charges in connection with the operation of the Account and the Services would be levied at the rates as prescribed on the Website from time to time. Charges will be debited to the Account at such intervals as may be deemed fit by ICICI Bank.

ICICI Bank will also have the right to set-off the service charges, charges for non-maintenance of MAB or any wrong credit or late returns reported by the correspondent bank /counter party by debiting the Account, without requirement of providing further notice or seeking additional consent / authorisation. In case balance in the Account becomes overdrawn as a result of such set-off, ICICI Bank will be entitled to charge interest at such rates as ICICI Bank may deem fit in its sole discretion, for the period for which the Account remains overdrawn at any time during the maintenance of the Account. In case of any shortfall in the Account or in the event of closure of the Account, the Customer shall be liable to pay the amount outstanding on account of charges / interest or otherwise to ICICI Bank, forthwith, without demur or protest.

The Customer agrees and confirms that in the event any of the Services in connection with the Account are or become liable to tax under the applicable laws and regulations, the Customer shall bear all the taxes or duties (by whatever name called) in connection with such Services and ICICI Bank is hereby authorised to deduct any such amount from the Account, without requirement of providing further notice or seeking additional consent / authorisation.

In the event of occurrence of any of the above events, the Customer shall receive balance amounts, net of all deductions made as per the terms and conditions hereof. The Customer shall be intimated at the last address provided by the Customer and required to collect all such amounts, from ICICI Bank; in case the Customer does not collect the amounts within the time period stipulated by the Bank in the communication sent to him / her as above, then ICICI Bank shall send the amounts at the last known address of the Customer and will not be liable for any reason whatsoever in case of non-receipt of such amount/s by the Customer or any losses or damages incurred by the Customer as a consequence thereof.

13. Holiday Processing:

Any transactions on any Sunday or any public holiday may be shown in the Account, at the sole discretion of ICICI Bank, as having taken place on the same or subsequent business day of ICICI Bank. All deductions/accretions on such amount shall be deducted/accrued as of such day. ICICI Bank shall not be responsible for any loss of interest or liability incurred/suffered by the Customer including but not limited to return of cheques, loss of interest arising due to such transaction being not shown on the day the same actually occurred. The Cheques / drafts / pay orders / other instrument deposited on any day which is a Sunday or public holiday or after the time of clearing for the day is normally effected by ICICI Bank shall be sent for clearing on the next business day of ICICI Bank.

14 . Pass Book / Statement of Account:

The depositor will be provided with a pass book containing the relevant particulars of the account. The Pass Book should be presented at the Erstwhile Bank of Rajasthan branch at the time of every deposit or withdrawal (except when withdrawal allowed by cheque) for updating.

The updated passbook will be returned to the depositor. The depositor should carefully examine all the entries made in the Pass Book and bring to the notice of the Erstwhile Bank of Rajasthan if any error/omission is noticed by him/her within 7 days from its receipt.

The Erstwhile Bank of Rajasthan will not be responsible for any loss caused due to negligence of the depositor in this regard. The depositor is advised to keep the Pass Book in proper condition as mutilated / folded Pass Book may cause damage to the computer’s printer. If the same is not found fit for computerized entry a new Pass Book will be issued on payment of charges as prescribed by the Erstwhile Bank of Rajasthan from time to time. (For current charges refer Schedule of Charges.). The depositor is requested to keep the Pass Book in proper custody. In case of loss of Pass Book new Pass Book will be issued on payment of prescribed charges. (For current charges refer Schedule of Charges.) - Depositors should be careful to keep their Pass Books and cheque Book in their own possession as the Erstwhile Bank of Rajasthan will not be responsible for any loss caused to a depositor if any person shall obtain possession of the Pass Book or Cheque Book and fraudulently obtain payment of any sum belonging to the Depositor.

All cheques, drafts and other valuable instruments sent by a customer by post must be sent only by means of registered post, failing which the ICICI Bank will be absolved of all liability arising from any fraud in respect of such instruments if lost or stolen in transit.

The depositor must not write or make any mark on his/her Pass Book in any case. In the event of depositors so doing a new (duplicate) Pass Book will be issued, and the cost as per prescribed service charges will be debited to the depositor’s account.

Unless disputed by the Customer within seven (7) days of mailing of the statement of Account /posting of entries in the passbook of Customers, the same shall be deemed to be accepted by the Customer.

15. Payment of Interest :

Interest will usually be allowed on the credit balance in the account on daily product basis and shall be credited for every half year ending on 31st August and 28/29 Feb. in the month of September and March respectively at the rate in force in accordance with Reserve Bank of India directives. An account which earns half yearly interest less than Re.1 or which is closed within less than three months from the date of opening will bear no interest. (For current rate of interest refer Schedule of charges)

16. Death or Incompetence :

The Customer agrees to notify ICICI Bank promptly if any of the joint account holders or authorized signatory of the Account dies or is declared incompetent by a court. ICICI Bank may place a freeze on the Account and stop all operations when any of the joint account holders or authorized signatories dies or is declared incompetent. ICICI Bank may retain the freeze on the Account until it establishes the identity and credentials of the successor/beneficiary to its satisfaction.

17. Nomination :

Nomination facility is available for the Account in the names of individuals. Only one nominee is permissible for an Account and the nomination is to be made by the Customer duly witnessed by a third person. The Customer should ensure that he/ she gets/ is given the acknowledgment as per the nomination rules framed by Reserve Bank of India. The Customer is at liberty to change the nominee, through declaration in the appropriate form to revise the nomination during the currency of the Account with ICICI Bank. 18. Sharing of Information :

The Customer undertakes and authorises ICICI Bank, its Group Companies to exchange, share or part with all the information, data or documents relating to his/her application to other ICICI Group Companies / Banks / Financial Institutions / Credit Bureaus / Agencies / Statutory Bodies /Tax authorities /Central Information Bureaus/ such other persons as ICICI Bank / its Group Companies may deem necessary or appropriate as may be required for use or processing of the said information / data by such person/s or furnishing of the processed information / data / products thereof to other Banks / Financial Institutions / credit providers / users registered with such persons and shall not hold ICICI Bank / its Group Companies liable for use of this information.

19. Change of Terms :

ICICI Bank shall have the absolute discretion to amend or supplement any of the Terms at any time. ICICI Bank may communicate the amended Terms by hosting the same on the Website or in any other manner as decided by ICICI Bank. The Customer shall be responsible for regularly reviewing these Terms including amendments thereto as may be posted on the Website.

20. Non-Transferability :

The Account and the Services provided to the Customer are not transferable under any circumstance and shall be used only by the Customer. However, ICICI Bank shall have the right to transfer, assign or sell all its rights, benefits or obligations to any person and these Terms shall continue to be in force and effect for the benefit of the successors and assigns of ICICI Bank.

21. Notices :

Notices in respect of the Account, the services and facilities in connection with the Account may be given by ICICI Bank either through email or posting a letter to the Customer’s address. ICICI Bank may also give any notice by posting the notice on the Website and the same will be deemed to have been received by the Customer upon its publication on the Website.

All notices in connection with the Services or the Account by the Customer to ICICI Bank shall be in writing and sent to the address as provided below and all notices shall be deemed to be received by ICICI Bank only upon acknowledgment of receipt of the same in writing by ICICI Bank.

ICICI Bank Limited ICICI Bank Phone Banking Centre P. O. Box No. 20 Banjara Hills P. O. Hyderabad 500 034, India

22. Electronic Transactions :

The Customer agrees to adhere to and comply with all such terms and conditions as ICICI Bank may prescribe from time to time, and hereby agrees and confirms that all transactions / Services effected by or through facilities for conducting remote transactions including the Website, ICICI Bank 24-Hour Customer Care Centre, World Wide Web, electronic data interchange, teleservice operations (whether voice, video, data or combination thereof) or by means of electronic, computer, automated machines network or through other means of telecommunication, established by or on behalf of ICICI Bank, for and in respect of the Account, or ICICI Bank's other products and services, shall constitute legally binding and valid transactions when done in adherence to and in compliance with ICICI Bank's terms and conditions for such facilities, as may be prescribed from time to time.

23. Waiver :

No failure or delay by ICICI Bank in exercising any right, power or privilege hereunder shall operate as a waiver thereof nor shall any single or partial exercise of any other right, power or privilege. The rights and remedies of ICICI Bank as stated herein shall be cumulative and not exclusive of any rights or remedies provided by law.

24. Indemnity : a) The Customer hereby agrees that the Customer shall, at his/its own expense, indemnify, defend and hold harmless ICICI Bank from and against any and all liability any other loss that may occur, arising from or relating to the operation or use of the Account or the Services or breach, non-performance or inadequate performance by the Customer of any of these Terms or the acts, errors, representations, misrepresentations, misconduct or negligence of the Customer in performance of its obligations.

b) Under no circumstances shall ICICI Bank be liable to the Customer for any indirect, incidental, consequential, special or exemplary damages in connection with the Account or the Services.

c) ICICI Bank shall not be liable for any failure to perform any obligation contained in these Terms or for any loss or damage whatsoever suffered or incurred by the Customer howsoever caused and whether such loss or damage is attributable (directly or indirectly) to any dispute or any other matter or circumstances whatsoever.

d) The Customer shall indemnify ICICI Bank as collecting banker for any loss or damage which ICICI Bank may incur or suffer by guaranteeing any endorsement or discharge on a cheque, bill or other instrument presented for collection and such guarantee as given by ICICI Bank shall be deemed to have been given in every case at the Customer's express request.

e) The Customer shall keep ICICI Bank indemnified at all times against, and save ICICI Bank harmless from all actions, proceedings, claims, losses, damages, costs, interest (both before and after judgment) and expenses (including legal costs on a solicitor and client basis) which may be brought against or suffered or incurred by ICICI Bank in resolving any dispute relating to the Customer's Account with ICICI Bank or in enforcing ICICI Bank's rights under or in connection with these Terms and conditions contained herein, or which may have arisen either directly or indirectly out of or in connection with ICICI Bank performing its obligations hereunder or accepting instructions, including but not limited to, fax and other telecommunications or electronic instructions, and acting or failing to act thereon.

f) If any sum due and payable by the Customer is not paid on the due date, including without limitation any moneys claimed under this Paragraph, the Customer shall be liable to pay interest (both after as well as before any judgment) on such unpaid sum at such rate or rates as ICICI Bank may from time to time stipulate from the date payment is due up to the date of payment.

g) The Customer shall solely be responsible for ensuring full compliance with all the applicable laws and regulations in any relevant jurisdiction in connection with establishment of his/her Account with ICICI Bank and shall indemnify and keep indemnified ICICI Bank from all actions, proceedings claims, losses, damages, costs and expenses (including legal costs on a solicitor and client basis) which may be brought against or suffered or incurred by ICICI Bank in connection with any failure to comply with any such applicable laws/regulations.

h) The indemnities as aforesaid shall continue notwithstanding the termination of the Account.

25. No Encumbrances :

The Customer shall not create or permit to subsist, any encumbrance or third party interest over or against any account(s) with ICICI Bank or any monies lying therein without ICICI Bank's express prior written consent.

26. Banker's Lien and Set-Off : a) ICICI Bank shall have the paramount right of set-off and lien, irrespective of any other lien or charge, present as well as future, on all the deposits held/ balances lying in any Account of the Customer, whether in single name or joint name(s), to the extent of all amounts payable by the Customer arising as a result of any of ICICI Bank's services extended to and/or used by the Customer or as a result of any other facilities that may be granted by ICICI Bank to the Customer. ICICI Bank is entitled without any notice to the Customer to settle any indebtedness whatsoever owed by the Customer to ICICI Bank, whether actual or contingent, or whether primary or collateral, or whether joint and/or several, including without limitation indebtedness under any indemnity given by the Customer to ICICI Bank hereunder or under any other document/ agreement, by adjusting, setting-off any deposit(s) and transferring monies lying to the balance of any Account(s) held by the Customer with ICICI Bank, notwithstanding that the deposit(s)/ balances lying in such Account(s) may not be expressed in the same currency as such indebtedness. ICICI Bank's rights hereunder shall not be affected by the Customer's bankruptcy, insolvency, death or winding-up. b) In addition to ICICI Bank's rights of set-off, lien or any other right which it may at any time be entitled whether by operation of law, contract or otherwise, the Customer authorises ICICI Bank: (a) to combine or consolidate at any time all or any of the accounts and liabilities of the Customer with or to any branch or office of ICICI Bank Limited (whether in India or elsewhere); and (b) to apply, set-off or transfer at any time (without prior notice to the Customer) any credit balance (whether or not then due) to which the Customer is at any time beneficially entitled (whether singly or jointly) on any account, in the Customer's name or jointly with any other person, with any branch or office of ICICI Bank Limited (whether in India or elsewhere) towards the satisfaction of any or all of the Customer's liabilities (whether such liabilities be present or future, actual or contingent, primary or collateral, or several or joint) under the Terms or for the Customer's account(s) or under the terms of any other facilities that may be granted by ICICI Bank to the Customer.

c) In respect of a joint Account, ICICI Bank shall be entitled to set-off any sums standing to the credit of such joint account against the debit balance in other accounts which may be held by one or more holders of such joint Account.

d) ICICI Bank shall not be under any obligation to exercise any of its rights under this Paragraph.

e) The above mentioned rights of ICICI Bank are without prejudice to the obligations of the Customer to pay to ICICI Bank when due all its indebtedness and without prejudice to any other rights that ICICI Bank may have against the Customer for recovery of outstanding from Customer to ICICI Bank. f) ICICI Bank shall be entitled to withhold payments out of the Customer's Account or dishonour the Customer's cheque/ instructions in case any amounts outstanding from the Customer to ICICI Bank are not paid when due. 27. Governing Law :

The laws of India shall govern these Terms. The Parties hereby agree that any legal action or proceedings arising out of the Terms shall be brought in the courts or tribunals at Mumbai in India and irrevocably submit themselves to the jurisdiction of such courts and tribunals. ICICI Bank may, however, in its absolute discretion, commence any legal action or proceedings arising out of the Terms in any other court, tribunal or other appropriate forum, and the user hereby consents to that jurisdiction. Any provision of these Terms, which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of prohibition or unenforceability but shall not invalidate the remaining provisions of the Terms or affect such provision in any other jurisdiction.

28. Disclosure :

a) The Customer hereby irrevocably authorises ICICI Bank to disclose, as and when ICICI Bank is required to do so by applicable law or when ICICI Bank regards such disclosure as necessary or expedient (including but not limited to disclosures for the purpose of credit review of any Account, service/s or credit facilities received by the Customer from ICICI Bank whether singly or jointly with others or otherwise), any information relating to the Customer, his/her Account(s) or other assets or credit facilities whatsoever held on the Customer's behalf to:- 1. the head office, affiliates or any other branches or subsidiaries of ICICI Bank; 2. his/her auditors, professional advisers and any other person(s) under a duty of confidentiality to the Bank; 3. vendors, installers, maintainers or servicers of ICICI Bank’s computer systems; 4. any exchange, market, or other authority or regulatory body having jurisdiction over ICICI Bank, its head office or any other branch of ICICI Bank or over any transactions effected by the customer or the Borrower or for the customer's or the Borrower’s account; 5. any party entitled to make such demand or request; 6. any person with whom ICICI Bank contracts or proposes to contract with regard to the sale or transfer or sharing of any of its rights, obligations or risks under the Terms; 7. any person (including any agent, contractor or third party service provider) with whom ICICI Bank contracts or proposes to contract with regard to the provision of services in respect of the Customer's or the Borrower’s account(s) or Facilities (as the case may be) or in connection with the operation of ICICI Bank's business; 8. any person employed with, or engaged as an agent by, the Bank or its head office or affiliates, including any relationship officers for the purposes of or in connection with interactions with the Customers or providing services to the customers or the Borrower’s or processing transactions pertaining to the Customers’ or the Borrower’s accounts or Facilities; and 9. to enable ICICI Bank to centralise or outsource its data processing and other administrative operations) to ICICI Bank’s head office, its affiliates or third parties engaged by the Bank for any such services/operations.

b) The Customer hereby agrees and consents that ICICI Bank shall be entitled, in connection with the Customer’s application for any account, facilities or services provided by ICICI Bank, or during the course of the Customer’s relationship with ICICI Bank, to obtain and procure information pertaining to the Customer or any of his/ her/ its accounts, legal or financial position from whatever sources available to ICICI Bank. 29. Closure of the Account :

*ICICI Bank reserves the right to close or freeze the Account(s), after due notice to the Customers for reasons which may include, but not limited to, the following: 1. In case any of the documents furnished towards Identity and address proof are found to be fake / forged / defective; 2. The Account opening cheque is returned unpaid for financial reasons/ signature not matching; 3. In case fraudulent / forged / fake cheques / bank drafts or any such instruments are attempted to be cleared / cleared through the Account; 4. In case of frequent returns of inward / outward cheques in the Account; 5. In case a debit balance for reasons, including but not limited to, non-repayment in case of facilities offered by ICICI Bank, where repayment is to be made through Customer’s Account; reversal of wrong credit; any temporary overdraft granted to the Customers by in the Bank in relation to any facility or otherwise, etc., is allowed to continue for more than 90 days in the Account; 6. Improper conduct of the Account in terms of volume / type of transactions; 7. For unsatisfactory conduct of the Account.

The Customers shall be solely liable for return of cheques / dishonouring of any instruments consequent to such closure and all costs / charges arising out of such closure / freezing of the Account(s).

Upon closure of the Account(s) for any of the reasons specified above or otherwise, the Customer shall take steps to collect any balance amount in the Account, if any, and till such time the Customer collects such amounts, ICICI Bank reserves the right to keep such amounts in a special office account without any interest being payable on the same.

* ICICI Bank reserves the right, without any further notice, to close the Account without any notice in case the account is in debit balance for more than 12 (twelve) months due to reasons, including but not limited to, non-maintenance of MAB, annual fees for Debit/ATM cards, ATM card interchange charges, etc..